Silver Coast and Tourism in Portugal

Silver Coast

The Silver Coast region of Portugal has some incredible property bargains. Listed as the third most profitable location in Europe to invest in (by "A place in the sun"), this location is taking off in a big way. The Portugal Silver Coast (Costa de Prata) region is booming ecomomically and has a strong capital growth on property. Whilst this is a good reason to buy property here, it is by no means the only one. The region is stunningly beautiful with wide golden stretches of unmarked sand, turquoise sea and rolling countryside. You will find olive groves and luscious vineyards, with fantastic wines. The cost of living is a fraction of the mediterranean hotspots or the Algarve and the people are friendly and welcoming.

Tourism at Portugal

Portugal attracts many tourists each year. In 2006, the country was visited by 12.8 million tourists.[1] Tourism is playing an increasingly important role in Portugal's economy contributing with about 5% of the Gross Domestic Product (GDP). The main tourist areas are, by order of importance, the Greater Lisbon (Lisboa), the Algarve, Greater Porto and Northern Portugal (Porto e Norte), Portuguese Islands (Ilhas Portuguesas: Madeira and Azores), and Alentejo. Lisbon is, after Barcelona, the European city attracting most tourists, with 7 million tourists sleeping in the city's hotels in 2006, the number grew 11.8% compared to previous year.[2] Lisbon in recent years surpassed the Algarve as the leading tourist region in Portugal. Porto and Northern Portugal, especially the urban areas north of Douro River, was the tourist destination which grew most (11.9%) in 2006 and suppressed Madeira, in 2010, as the third most visited destination. Today, most tourists in Portugal are British, Spanish or German, travel in low cost airliners, and are not only in search of the beach and the sun, but mostly searching culture, city breaks, gastronomy, nautical tourism or travel in business. All these regions are grouped in tourism reference areas, which are widely known due to the fact that these are the traditional regions: Costa Verde — The Portuguese green coast comprises all the northern coast of Portugal from the estuary of the Minho River to the city of Porto. Costa da Prata — Silver coast. The coast of central Portugal from Porto to Lisbon. Costa de Lisboa — Lisbon coast. The coast of the capital city and its important suburbs. Montanhas — Mountainous and interior regions of northern and central Portugal, namely Serra da Estrela and Trás-os-Montes. Planícies — The Portuguese plane region of Alentejo in the south. Algarve — The southern coast of Portugal. Madeira — The Madeira islands. Açores — The Azores islands.